OP Labs: The Fjord upgrade will go live on the OP mainnet on July 11th
OP Labs announced on Twitter that the Fjord upgrade will go live on the OP mainnet at 0:01 Singapore time on July 11. This upgrade will bring new features and reduce costs, including a 20-fold reduction in smart wallet key verification costs through RIP-7212 precompilation; developers can create smart wallet experiences without scale and cost constraints; more accurate pricing functions and more efficient Brotli batch compression, transaction costs will decrease by 5 to 15%; sequencer drift increases from 10 minutes to 30 minutes, etc.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Next Week's Key Insights: A certain exchange to host Blockchain Week in Dubai; Ethereum releases Fusaka upgrade
Goldman Sachs: A rate cut by the Federal Reserve at the upcoming December meeting is almost a foregone conclusion